Legal scenario: Quicker contract review (Microsoft 365 Copilot)
Available with: Microsoft 365 Copilot Scenario level:
KPIs impacted
Advisory services
Transactional processes
Value benefit
Revenue growth
Employee experience
Using Copilot for quicker contract review
1. Summarize email conversation
Have Copilot summarize an email thread about a memorandum of understanding (MOU) Use the references to jump to the email to gain more context.
Microsoft 365 Copilot Chat2
Benefit: Save time reviewing long email threads to pull out the essential information.
2. Ask for contract submission
Ask Copilot in Outlook to respond to the email with a few suggestions for updates to the MOU and then ask the contact to submit the MOU to the legal review platform.
Copilot in Outlook
Benefit: Copilot will draft a professional email with the necessary details including links to the legal review platform for submissions from only a few bullet points.
3. Review the contract
Ask Copilot for specific details from a complex contract document such as the duration or payment terms. Then summarize key contract terms. Use the links to get additional details and speed the review.
Microsoft 365 Copilot Chat2
Benefit: Speed a contract review by asking Copilot to search for the information you need and then jumping right to the specific areas needing further review.
4. Compare two agreements
Ask Copilot in Word to compare two agreements and list the results in a table and include areas addressed in one agreement and not the other.
Copilot in Word
Benefit: Copilot can compare key legal positions even if you don’t provide specific areas and lay out differences and potential missing provisions.
5. Catch up on review meeting
Use the Recap to understand the key items discussed on the meeting and then ask Copilot in Teams to create a meeting report with a list of all the contract updates required.
Copilot in Teams
Benefit: Create a set of formal meeting minutes for client records in a format that you specify with items such as an attendance list, action items, disagreements, and key points.
6. Create briefing notes
Ask Copilot in Teams to create a brief for the legal counsel to use when meeting with the vendor to finalize the contract.
Copilot in Teams
Benefit: Prepare for a client meeting by asking Copilot to summarize existing relationships and recent interactions.
1Access Microsoft 365 Copilot Chat at m365copilot.com or the Microsoft 365 Copilot Chat mobile app and set toggle to “Web".
2Access Microsoft 365 Copilot Chat at mm365copilot.com, the Microsoft 365 Copilot Chat mobile app or the Microsoft 365 Copilot Chat app in Microsoft Teams, and set toggle to “Work”.
3Copilot agents allow Microsoft 365 Copilot to access your organization-specific apps. In the past, this would have required an API call to get data from a system of record. The content in this example scenario is for demonstration purposes only. You should evaluate how Copilot aligns with your organization’s business processes, regulatory requirements, and responsible AI principles.
The content in this example scenario is for demonstration purposes only. You should evaluate how Copilot aligns with your organization’s business processes, regulatory requirements, and responsible AI principles.
